Asset Advisors is pleased to announce a new employee: Rusty Woodward, CFA®, CAIA®. Rusty grew up in Vienna, Georgia, and received a B.B.A. in Finance and a B.B.A. in Economics from The University of Georgia. Before joining Asset Advisors, Rusty was a Corporate Banking Analyst with BB&T in Dallas, Texas, and an Investment Analyst with […]
A new grandchild is an exciting and momentous addition to your family and to your legacy. Instead of lavishing gifts of clothing or toys that are soon outgrown, why not invest in something that will grow with them? A 529 plan is a state-administered, tax-free savings plan to help pay for education, with the option […]
Asset Advisors is pleased to announce the addition of a new member to our team: Will Evans, CPA, PFS, CFP®. Will is grateful to call Augusta home. A graduate of Lakeside High School, he achieved a Bachelor of Business Administration in Accounting and a Master of Accountancy from the University of Georgia. Before joining […]
Now that tax season is over (for most), you might be anticipating a welcome mental break from your financial affairs. However, if taxes caused you a headache this year, whether because of their complexity, amount of paperwork, or the amount you owed, know that there are strategies you can implement now to prepare ahead. And […]
There are ways to keep insured cash in the bank above the FDIC’s cap of $250,000 but you are usually stuck at a very low return on that money. Why not put that excess cash to work for you in a conservative, high-rate money market fund or ladder it in individual government securities? At Asset […]
New provisions to the SECURE Act in the December 2022 spending bill will help people save more money now, with some changes not starting until 2024 or 2025. Check out these highlights: The age increase for Required Minimum Distributions helps high-net-worth retirees. Older adults can save extra for retirement with new annual limits in employer […]
Important changes were announced for 2023 that might affect your income tax bracket, standard deductions, contribution limits in your retirement plans, education credits, annual gifts, Social Security, and Medicare. Knowing these numbers now can allow you to make some smart financial planning moves before the year’s end. Give us a call to discuss your options. The higher […]
Are you a saver or a spender? Savers have good news for 2023 with increases to the IRS limits on retirement savings. For a 401(k) plan, the annual limit will be $22,500 for most people (up from $20,500), plus an additional $7,500 for those 50 and older (up from $6,500). For IRAs, the limit increases […]
Now that the holidays are here, your monetary thoughts may center on gift planning, travel, and social events. You should also consider what the IRS’s recent inflation adjustment announcement may mean for your year-end tax planning and funding those holiday expenses. What capital gains to realize now vs. how much income to delay until 2023 […]
Interested in earning 9%+ in a low-risk investment that protects your savings from inflation? If so, then I Bonds may be right for you. Series I Savings Bonds provide an inflation-adjusted yield which is reset every 6 months. They are currently paying 7.12%. The next reset on May 1, 2022 is expected to increase to […]